Over the forecast period, demand for savoury snacks is expected to gradually regain momentum benefiting from the easing of inflationary pressures and the recovery of impulse purchases. To stand out from the increasing competition, producers of savoury snacks are expected to continue investing in flavour expansion to create excitement and address different consumption occasions.
Competition is set to grow as local brands assess future collaborations and mergers strengthen already well-positioned brands in the market. For instance, Grupo Nutresa, one of the most important food conglomerates in Colombia, announced an agreement to acquire a 40% stake in Alcora, the company that owns 100% of the shares of Productos Yupi, a well-known snack brand in the country.
Innovations and new product developments are expected to increase in savoury snacks over the forecast period as producers will continue to fight with private label producers for consumer attention. Beyond flavours, shapes, and packaging, the introduction of new ingredients and entirely new products is becoming more common.
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Understand the latest market trends and future growth opportunities for the Savoury Snacks industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Savoury Snacks industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Savoury Snacks
This is the aggregation of chips/crisps, extruded snacks, tortilla/corn chips, popcorn, pretzels, nuts and other categories of savoury snacks.
See all of our definitionsThis report originates from Passport, our Savoury Snacks research and analysis database.
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